v3.26.1
Condensed Consolidated Balance Sheets - SCE - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 168 $ 158
Receivables, net of allowances for uncollectible accounts of $347 and $353 at respective dates 1,577 1,463
Accrued unbilled revenue 1,022 1,238
Inventory 542 535
Prepaid expenses 280 119
Regulatory assets 2,660 3,290
Wildfire Fund contributions 138 138
Other current assets 789 745
Total current assets 7,176 7,686
Nuclear decommissioning trusts 4,457 4,535
Other investments 63 51
Total investments 4,520 4,586
Utility property, plant and equipment, net of accumulated depreciation and amortization of $15,196 and $15,060 at respective dates 64,020 63,131
Nonutility property, plant and equipment, net of accumulated depreciation of $98 and $113 at respective dates 194 197
Total property, plant and equipment 64,214 63,328
Receivables, net of allowances for uncollectible accounts of $39 and $49 at respective dates 36 38
Regulatory assets (include $3,072 and $3,092 related to a Variable Interest Entity ("VIE") at respective dates) 13,011 12,960
Wildfire Fund contributions 1,705 1,740
Operating lease right-of-use assets 1,148 1,161
Long-term insurance receivables 456 359
Other long-term assets 2,209 2,168
Total other assets 18,565 18,426
Total assets 94,475 94,026
LIABILITIES AND EQUITY    
Short-term debt 1,242 2,390
Current portion of long-term debt 2,996 1,928
Accounts payable 2,413 2,344
Wildfire-related claims 556 585
Accrued interest 504 473
Regulatory liabilities 354 1,158
Current portion of operating lease liabilities 120 120
Other current liabilities 1,515 1,538
Total current liabilities 9,700 10,536
Long-term debt (includes $3,004 and $3,022 related to a VIE at respective dates) 37,311 36,070
Deferred income taxes and credits 9,275 9,114
Pensions and benefits 365 370
Asset retirement obligations 2,598 2,583
Regulatory liabilities 10,870 10,627
Operating lease liabilities 1,028 1,041
Wildfire-related claims 837 721
Other deferred credits and other long-term liabilities 3,607 3,705
Total deferred credits and other liabilities 28,580 28,161
Total liabilities 75,591 74,767
Commitments and contingencies (Note 12)
Preference stock 83 497
Common stock, no par value (560,000,000 shares authorized; 434,888,104 shares issued and outstanding at respective dates) 6,332 6,362
Accumulated other comprehensive income 6 6
Retained earnings 10,899 10,714
Total equity 17,320 17,579
Total liabilities and equity 94,475 94,026
SCE    
ASSETS    
Cash and cash equivalents 110 98
Receivables, net of allowances for uncollectible accounts of $347 and $353 at respective dates 1,571 1,455
Accrued unbilled revenue 1,024 1,236
Inventory 542 535
Prepaid expenses 279 118
Regulatory assets 2,660 3,290
Wildfire Fund contributions 138 138
Other current assets 784 743
Total current assets 7,108 7,613
Nuclear decommissioning trusts 4,457 4,535
Other investments 50 40
Total investments 4,507 4,575
Utility property, plant and equipment, net of accumulated depreciation and amortization of $15,196 and $15,060 at respective dates 64,020 63,131
Nonutility property, plant and equipment, net of accumulated depreciation of $98 and $113 at respective dates 185 188
Total property, plant and equipment 64,205 63,319
Receivables, net of allowances for uncollectible accounts of $39 and $49 at respective dates 36 38
Regulatory assets (include $3,072 and $3,092 related to a Variable Interest Entity ("VIE") at respective dates) 13,011 12,960
Wildfire Fund contributions 1,705 1,740
Operating lease right-of-use assets 1,143 1,155
Other long-term assets 2,113 2,074
Total other assets 18,473 18,338
Total assets 94,293 93,845
LIABILITIES AND EQUITY    
Short-term debt 0 1,036
Current portion of long-term debt 2,996 1,928
Accounts payable 2,416 2,353
Wildfire-related claims 556 585
Accrued interest 430 432
Regulatory liabilities 354 1,158
Current portion of operating lease liabilities 119 118
Other current liabilities 1,649 1,599
Total current liabilities 8,520 9,209
Long-term debt (includes $3,004 and $3,022 related to a VIE at respective dates) 31,949 31,255
Deferred income taxes and credits 10,837 10,712
Pensions and benefits 87 87
Asset retirement obligations 2,598 2,583
Regulatory liabilities 10,870 10,627
Operating lease liabilities 1,024 1,037
Wildfire-related claims 837 721
Other deferred credits and other long-term liabilities 3,584 3,684
Total deferred credits and other liabilities 29,837 29,451
Total liabilities 70,306 69,915
Commitments and contingencies (Note 12)
Preference stock 1,595 1,714
Common stock, no par value (560,000,000 shares authorized; 434,888,104 shares issued and outstanding at respective dates) 2,168 2,168
Additional paid-in capital 8,956 8,970
Accumulated other comprehensive income (11) (12)
Retained earnings 11,279 11,090
Total equity 23,987 23,930
Total liabilities and equity 94,293 93,845
SCE | Nonrelated Party    
ASSETS    
Long-term insurance receivables 347 145
SCE | Affiliated Entity    
ASSETS    
Long-term insurance receivables $ 118 $ 226